741 19th St, Boulder, CO 80302
- $2,195,000
- List Price
- $2,195,000
- Status
- ACTIVE
- MLS#
- 1067588
- Year Built
- 1989
- Region
- Boulder
- Subdivision
- University Place
Property Description
Two separate residences on one lot! Pre-leased through July/August 2027. Well maintained and professionally managed for 30+ years. 741-743 19th Street presents a turnkey, recession-proof asset in the city's most lucrative rental pocket. Rare Double-Income Layout: Unlike standard single-family homes, this property features two separate houses on one lot, packing 7 bedrooms and 4 bathrooms into a single parcel. Proven, Low-Risk History: With a 30 year track record of uninterrupted rental history, the property has a proven blueprint for success, making it an easy addition to a portfolio or a perfect asset for a 1031 tax-deferred exchange. Professionally managed for decades with 100% Occupancy rates with an almost endless supply of renters year after year! While other real estate investments suffer during economic downturns, student housing directly adjacent to a major university like CU Boulder can be a defensive asset. Because the property packs 7 bedrooms across two separate houses on one lot, you are purchasing a high-density rent engine in a premium zip code where strict local zoning laws prevent competitors from building new multi-family structures. Essentially, you are buying a scarce piece of real estate with a captive consumer base! 48-hour notice for showings.
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Additional Information
- Taxes
- $9,145
- School District
- Boulder Valley Dist RE2
- Elementary School
- Flatirons
- Middle School
- Manhattan
- High School
- Fairview
- Heating
- Forced Air
- Cooling
- Window/Wall, Ceiling Fan(s)
- Utilities
- Natural Gas Available, Electricity Available, Cable Available, Separate Meters, Separate Meters, High Speed Internet Available
- Tenant Pays
- Deposit, Gas, Electricity, Water, Sewer
- Zoning
- Res
Listing courtesy of Tim Shea.
9707080384
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